35, FOREST ROAD, BINGHAM, NOTTINGHAM, NG13 8RL - £255,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

35 FOREST ROAD is a very small detached house of 81m², built sometime between 1983 and 1990. It was last sold for £255,000 in July 2021, which was around 38% below the average July 2021 detached price in the Rushcliffe local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

35 FOREST ROAD Sold Prices

Land registry data shows four sales for 35 FOREST ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. All of the four 35 FOREST ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 28 JUL	£255,000	£410,075	38% below HPI
2009 27 MAY	£145,000	£240,604	40% below HPI
2005 8 DEC	£142,500	£259,919	45% below HPI
1997 1 OCT	£61,000	£103,600	41% below HPI

35 FOREST ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The four 35 FOREST ROAD sales between October 1997 and July 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2009 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the July 2021 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 35 FOREST ROAD?

35 FOREST ROAD is 81m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 20% of detached houses in Bingham, based on EPC data. The below chart shows the distribution of detached houses by size in Bingham, and where 35 FOREST ROAD lies on this distribution: 15% of detached houses are smaller than 35 FOREST ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Bingham.

35 FOREST ROAD: Plot and Title Map

35 FOREST ROAD sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 35 FOREST ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 35 FOREST ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 35 FOREST ROAD?

35 FOREST ROAD is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 35 on FOREST ROAD.